Fifth Third Bancorp 2015 Corporate Social Responsibility Report, “Building Bridges” Now Available
April 22 2016 - 1:05PM
Business Wire
Fifth Third Bancorp (NASDAQ: FITB) has published its annual
report on corporate social responsibility (CSR). It can be accessed
at www.53.com/csrreport and hard copies printed on recycled paper
also are available in limited quantities.
This Smart News Release features multimedia.
View the full release here:
http://www.businesswire.com/news/home/20160422005888/en/
The cover page of the Fifth Third Bancorp
2015 Corporate Social Responsibility Report (Photo: Business
Wire)
The theme of the 2015 report is Building Bridges. The concept of
bridges was chosen to illustrate the Company’s desire to connect
community goals with Fifth Third’s financial and employee resources
to accomplish a shared vision of lives improved within healthy and
sustainable neighborhoods.
The report highlights Fifth Third’s recently-announced $27.5
billion community commitment and outlines progress made on
improving lives and making a difference in the way the Company
serves:
Consumers
Connecting consumers to necessary products and services,
especially financial education, is one of the ways Fifth Third
improves lives in the community. The Bank developed Express
BankingSM* to specifically meet the financial needs of the
underbanked. Fifth Third invests significant time and resources in
its signature L.I.F.E. (Lives Improved through Financial
Empowerment®) programs, and offers specialty programs like
Homeowner Reemployment that bridge out-of-work consumers with
employment services from NextJob.
Communities
The Company’s $27.5 billion community commitment demonstrates
its seriousness in improving the well-being of the markets it
serves. Through the Community and Economic Development department,
Fifth Third Community Development Corporation, the Fifth Third
Foundation and regional banks and community partners, Fifth Third
works to create economically healthy and sustainable communities
through strategic investments, grants, scholarships and
sponsorships.
Businesses
Fifth Third is a U.S. Small Business Administration (SBA)
Preferred Lender, having made $122 million in loans in 2015. The
Bank is committed to small businesses because they are critical to
a healthy economy. The State Small Business Credit Initiative
declared Fifth Third the nation’s top lender by dollar volume last
year and Greenwich Associates named the Company a “Best Brand in
Small Business Banking.” Fifth Third also supports business
development through philanthropic and other grants.
Employees
Named a Gallup Great Workplace for the third time in 2015, Fifth
Third actively supports its inclusion councils and Business
Resource Groups. The Bank is especially proud of Project SEARCH, a
school-to-work transition program for people with disabilities, for
which Fifth Third has earned numerous honors. The Bank also cares
deeply about its employees’ financial and physical wellness, and is
proud of their volunteerism in the communities the Company
serves—from feeding the hungry to joining in the fight against
cancer.
Environment
Fifth Third’s recently-formed Environmental Sustainability
Council is helping the Company manage emerging environmental
issues. The Bank is committed to reducing its carbon footprint and
to green building. The Bank now operates 27 LEED-certified banking
centers, recycles in about 90 percent of its retail locations and
is a proud U.S. Environmental Protection Agency Green Power
Partner.
For more information about the CSR Report, please visit
www.53.com/csrreport.
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. As of March 31, 2016, the
Company had $142 billion in assets and operates 1,241 full-service
Banking Centers, including 95 Bank Mart® locations, most open seven
days a week, inside select grocery stores and 2,556 ATMs in Ohio,
Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West
Virginia, Pennsylvania, Georgia and North Carolina. Fifth Third
operates four main businesses: Commercial Banking, Branch Banking,
Consumer Lending, and Investment Advisors. Fifth Third also has an
18.3% interest in Vantiv Holding, LLC. Fifth Third is among the
largest money managers in the Midwest and, as of March 31, 2016,
had $303 billion in assets under care, of which it managed $26
billion for individuals, corporations and not-for-profit
organizations. Investor information and press releases can be
viewed at www.53.com. Fifth Third’s common stock is traded on the
NASDAQ® Global Select Market under the symbol “FITB.”
*For additional information, please visit
www.53.com/express.
Copyright © 2016. Fifth Third Bank, Member
FDIC, Equal Housing Lender, All Rights Reserved.
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Fifth Third BancorpStacie Haas,
513-534-5113
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